Skip to main content

Bloomington-based software firm sold

New Jersey-based Verisk Analytics has agreed to acquire Aspect Loss Prevention for $8 million. The Twin Cities-based software company helps companies prevent employee theft.
  • Author:
  • Updated:
    Original:

New Jersey-based Verisk Analytics has agreed to acquire Aspect Loss Prevention for $8 million. The Twin Cities-based software company helps companies prevent employee theft.

Next Up

minneapolis police

Man fatally shot overnight in north Minneapolis

The shooting was reported around 2:20 a.m.

Screen Shot 2022-05-22 at 8.30.08 AM

Campsites closed at Voyageurs National Park due to 'historic' water levels

All backcountry trails and campsites are closed, as well as many frontcountry sites.

state capitol Minnesota

Lawmakers reach agreement on tax cuts ahead of session's end

Lawmakers announced they had reached a deal on a tax bill Saturday ahead of the looming session deadline.

281699116_10226502238438986_800951410789352812_n

Victims of daytime drive-by shooting in Robbinsdale identified

The two men died after a hail of bullets struck a vehicle.

Screen Shot 2022-05-22 at 8.14.37 AM

Source of 'loud explosion' in Brooklyn Park a mystery

The noise was investigated by police, but no source could be determined.

covid, vaccine, booster shots

COVID: All Americans over 50 advised to get a second booster

Cases, hospitalizations and deaths are on the rise again as new COVID variants emerge.

J.W. Peck (left) and Eric Galler.

2 Minnesotans inducted into White Castle's Hall of Fame

White Castle — it's what a man in Minneapolis and another in Woodbury, crave.

Screen Shot 2022-05-21 at 5.46.37 PM

Video shows officers ended pursuit before fatal crash in Anoka

The crash occurred when the driver fled police during an attempted traffic stop in Coon Rapids.

Eli Hart

6-year-old Eli Hart identified as boy found dead in car trunk

The kindergartner's father was trying to get full custody of his son.

IMG_3509

Boy found dead in trunk of car in Mound was kindergartner

"It is horrifying and difficult to process a tragedy of this magnitude, especially in our close-knit community," the superintendent wrote.

Minneapolis police

Man found yelling for help after being shot in Minneapolis

The shooting occurred on the 800 block of Elwood Avenue North at around 9:15 p.m.

Screen Shot 2022-05-21 at 9.56.21 AM

Minneapolis North principal says she was fired, district says otherwise

“MPS requires schools to follow protocols in times like that and I did not,” Friestleben said.

Related

Trucking software firm XRS names new chief financial officer

Mike Weber, vice president of finance at XRS Corp., is being promoted to new chief financial officer, according to the company's news release. He is replacing Scott Christian who left the Eden Prairie-based software company in June. Weber has worked at XRS since 2007.

Bloomington-based Advanced BioEnergy to sell Nebraska ethanol plant

Advanced BioEnergy, based in Bloomington, Minn., says it plans to sell its largest ethanol plant in southeast Nebraska to Flint Hills Resources, the Pioneer Press reports. The Kansas-based refiner has agreed to pay more than $170 million. Advanced BioEnergy CEO Rich Peterson told the newspaper he believes it is the highest sale price for a U.S. ethanol plant in four years.

New Brighton-based Medtox sold to competitor in North Carolina

Laboratory Corporation of America has agreed to acquire Medtox Scientific, Inc. for $241 million. The deal is expected to close in the third quarter and still must be approved by shareholders. Medtox distributes illegal-substance tests to hospitals, companies and treatment centers.

Honeywell to acquire Swiss-based energy controls firm for $130M

New Jersey-based Honeywell International Inc. has reached a deal to buy Saia Burgess Controls for $130 million, the Star Tribune reports. The Swiss-based company makes programmable heating and cooling controls for commercial buildings. It will become part of Honeywell’s Environmental and Combustion Controls business, which is based in Golden Valley.

Hitachi partnering with Microsoft on new Fargo software business

Microsoft's 1,700-employee campus in Fargo helped draw Tokyo-based Hitachi to the city. The company plans to start small, with just twenty employees but hopes to add hundreds more.

Nerd alert: IT firm looking to hire 100 in 100 days

The Nerdery, a Bloomington-based IT firm, is looking to hire 100 new employees in 100 days to prepare for projects in 2013. "The Nerd Drive" looks to the public for good referrals by offering incentives to help fill web development positions. Anyone who provides a referral will be compensated based on how far the candidate makes it in the hiring process.

3M to acquire toll road technology firm

Maplewood-based 3M Co. has agreed to pay $110 million in cash to buy Federal Signal Technologies Group, which focuses on electronic toll collection and parking management software services.